About Us


Foreign Investors Council (FIC) is a non-profit business association, representing the interests of foreign businesses in BiH. The FIC was established in August 2006. FIC members come from different sectors: metal industry, mining, construction, legal and financial services, oil & energy, trade, banking, telecommunications, food and beverage production, and many others.


Basic Facts
  • 70 international and domestic companies
  • Our members employ over 20.000 BiH citizens
  • Our members invested over 4,5 billion euros in BiH


Objectives

The FIC objectives are the improvement of the investment and business environment in BiH, and the promotion of communication and cooperation between the business council and the authorities in BiH.
The FIC is committed to:
  • Communicate and cooperate with the relevant authorities in BiH and other relevant partners in overcoming difficulties and obstacles faced by foreign investors ;
  • Submit recommendations on draft laws and other legislative or regulatory documents which may relate to foreign investors and business community;
  • Promote the interests of the international business community in BiH, good corporate governance and business ethics, and positive image of foreign investment in general;
  • Initiation and engagement in other activities of interest and importance to members;
  • Link with other foreign investor organizations across SEE to (a) benefit from best practices sharing and to (b) study concrete means to facilitate regional operations;
  • Develop periodicals books and documents which may be useful for the improvement of business environment;
  • Disseminate business and other related information which may be beneficial to our members;
  • Represent, express and advance the shared opinions of its members to promote a common interest and to stimulate foreign direct investments;

Vision & Mission

FIC aims to be the single voice of foreign investors present in BiH.


Our mission is to advocate investment climate improvement and overall business environment in BiH for the general prosperity of future economic development. FIC will deliver practical support to all investors and promote good business practices of foreign companies.

Implementing our Vision




Structure

The FIC governing bodies are the General Assembly and Board of Directors.


General Assembly

The General Assembly is the highest body of the FIC and consist of all Principal Members of the FIC. The main responsibilities of the General Assembly are: appointment and dismissal of BoD members; decide on status changes of FIC, define the general direction, approve long-term and short-term plans, programs and specific targets for the FIC activities on proposal of the Board of Directors.

Board of Directors (BoD)

The FIC Board of Directors consists of 15 (fifteen) members. The mandate of the BoD members is 2 (two) years. The Board of Directors manages the FIC and sets its course of action, manage the current affairs and activities, promotes its goals, approve programs, development plans and special tasks and decide on the organization and participation of the Association in important public events in accordance with its objectives. The BoD members are elected by the General Assembly. The BoD meets at regular sessions at least 4 (four) times a year. The BoD elects the President and two Vice-Presidents of the FIC. Permanent and ad hoc working groups and specialized teams at FIC are established by the decision of the BoD.


President of the Board of Directors

Elected members of the Board of Directors shall decide by mutual agreement who shall serve as the President of the Board of Directors. The President of the Board of Directors provides general leadership of the FIC. The President is legal representative of the FIC. He/She is authorized to organize the activities of the FIC and perform his/her duties as described in FIC Statute or assigned to him/her by the General Assembly or the Board of Directors.

For the full list of powers of the FIC governing bodies please check the Statute.

Executive Office

The Executive Office of the FIC is composed of the Executive Director and the Legal Affairs Coordinator, appointed by the President, after previous consultation with the other members of the Board of Directors. The Executive Director leads and manages the country operations and runs day to day activities. The Legal Affairs Coordinator is responsible for all legal aspects of the business, including staffing and administration.

Working groups






FIC Network


  • Dimitrijević & Partners
  • SHP Celex
  • Carmeuse
  • CMS-RRH
  • VIA MEDIA
  • Gazprom
  • Sisecam
  • infobip
  • SHAD Invest
  • Aljazeera Balkans
  • WOLF THEISS
  • hepok
  • LRC
  • Marbo
  • Mtel
  • FCL
  • BANJALUČKA PIVARA AD
  • Messer
  • JTI
  • Network
  • Natron - hayat
  • Karanovic/partners
  • British American Tobacco
  • Sarajevo City Center
  • Phoenix
  • EFT
  • YTONG
  • SKF
  • Europian Bank
  • Hotel Bristol
  • ALBA
  • Studen Holding (Bimal)
  • UniCredit Bank
  • Arcelor Mittal
  • McCann
  • Maric And Co
  • ProCredit Bank
  • AL Shiddi
  • Telemach
  • Bosnaplod
  • SR Investment
  • Hypo Aple Adria
  • Kakanj cement
  • Bosna Bank Internations
  • Hold INA
  • DDC
  • Eastern Mining
  • manpowergroup
  • MOP
  • Volkswagen
  • Philip Morris
  • Sparkasse
  • Coca-Cola HBC Adria
  • PWC
  • Raiffeisen Bank
  • Eco Energy
  • GOPA Worldwide Consultants
  • Mastercard
  • Meggle
  • Violeta
  • Saga NFG d.o.o.